Peters Heart Inc

Analysis

Peters Heart Inc is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peters Heart Inc reported income of $192k and spending of $218k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $207k to $192k (-7.0%), an average of -7.0% a year. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Peters Heart Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Oxus Society for Central Asian Affairs ($192k), Volunteers for Israel Inc ($192k) and Helping Hands for Honduras Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.